CEVA director net-exercises 13,000 stock options

CEVA director Louis Silver net-exercised stock options and settled the cost using shares rather than cash.

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Form Type

Rhea-AI Filing Summary

CEVA director Louis Silver net-exercised stock options and settled the cost using shares rather than cash. He exercised options for 13,000 shares of common stock at $27.17 per share and forfeited 7,736 shares, valued at $45.66 per share, to cover the exercise price.

As a result, he received 5,264 new shares of CEVA common stock and did not conduct any open‑market sale. Following these transactions, he holds 55,269 common shares and 6,556 unvested RSUs, all reported as directly owned.

Insider Trade Summary

13,000 shares exercised/converted

Exercise 3 txns

Insider SILVER LOUIS

Role Director

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	13,000	$27.17	$353K
Exercise	Common Stock	13,000	$27.17	$353K
Exercise Price or Tax Liability	Common Stock	7,736	$45.66	$353K

Holdings After Transaction: Stock Option (Right to Buy) — 0 contracts (Direct); Common Stock — 61,825 shares (Direct)

Footnotes (3)

F1. Represents a net-exercise of outstanding stock options. The reporting person received 5,264 shares of common stock on the net exercise of an option to purchase 13,000 shares of common stock. The reporting person forfeited 7,736 shares of common stock underlying the option in payment of the exercise price, based on the market price of Ceva common stock at the time of the option exercise.
F2. Represents 55,269 shares outstanding and 6,556 unvested RSU's.
F3. The stock option became exercisable as to 25% of the underlying shares on 07/01/2017, the first year anniversary of the grant date, and 25% each year thereafter.

Key Figures

Options exercised: 13,000 shares Exercise price: $27.17 per share Shares forfeited for exercise: 7,736 shares at $45.66 +3 more

6 metrics

Options exercised 13,000 shares Stock option exercise on 2026-06-09 at $27.17 strike

Exercise price $27.17 per share Strike price for 13,000 stock options

Shares forfeited for exercise 7,736 shares at $45.66 Shares used to pay option exercise price

Net shares received 5,264 shares Net shares from 13,000-share option exercise after forfeiture

Shares held after transactions 55,269 shares Common shares outstanding in director’s account after exercise

Unvested RSUs 6,556 RSUs Unvested restricted stock units held after transactions

Key Terms

net-exercise, stock option, RSU, tax liability, +1 more

5 terms

net-exercise financial

"Represents a net-exercise of outstanding stock options."

stock option financial

"Represents a net-exercise of outstanding stock options."

A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.

RSU financial

"Represents 55,269 shares outstanding and 6,556 unvested RSU's."

Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.

tax liability financial

"Payment of exercise price or tax liability by delivering securities"

derivative security financial

"Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CEVA (CEVA) director Louis Silver report?

Louis Silver reported a net-exercise of stock options. He exercised options for 13,000 CEVA shares and used 7,736 shares to pay the exercise price, receiving 5,264 net new shares with no open-market sale involved.

Did Louis Silver sell any CEVA (CEVA) shares on the open market?

No, the filing shows no open-market sale. Shares were forfeited to pay the option exercise price, a tax-withholding style disposition, meaning the shares went to cover costs rather than being sold to outside investors.

How many CEVA (CEVA) shares did Louis Silver acquire through option exercise?

He exercised options covering 13,000 CEVA common shares. After forfeiting 7,736 shares to pay the exercise cost, he effectively received 5,264 additional shares, increasing his direct equity exposure without a cash outlay to the company.

What is Louis Silver’s CEVA (CEVA) shareholding after these transactions?

After the reported transactions, Louis Silver holds 55,269 CEVA common shares and 6,556 unvested RSUs. This combines existing holdings with the net shares received from the option exercise, as described in the Form 4 footnotes.

What were the key prices in Louis Silver’s CEVA (CEVA) option exercise?

The options had an exercise price of $27.17 per share. To cover this, 7,736 shares were valued at $45.66 per share and forfeited, with the balance of the 13,000-share grant delivered as 5,264 net shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 06/11/2026 - 04:06 PM EDT

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SILVER LOUIS

(Last)

(First)

(Middle)

CEVA, INC.

15245 SHADY GROVE ROAD, SUITE 400

(Street)

ROCKVILLE

MARYLAND

20850

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CEVA INC [ CEVA ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/09/2026		M		13,000	A	$27.17	69,561	D
Common Stock	06/09/2026		F⁽¹⁾		7,736	D	$45.66	61,825⁽²⁾	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$27.17	06/09/2026		M			13,000	07/01/2017⁽³⁾	07/01/2026	Common Stock	13,000	$27.17	0	D

Explanation of Responses:

1. Represents a net-exercise of outstanding stock options. The reporting person received 5,264 shares of common stock on the net exercise of an option to purchase 13,000 shares of common stock. The reporting person forfeited 7,736 shares of common stock underlying the option in payment of the exercise price, based on the market price of Ceva common stock at the time of the option exercise.

2. Represents 55,269 shares outstanding and 6,556 unvested RSU's.

3. The stock option became exercisable as to 25% of the underlying shares on 07/01/2017, the first year anniversary of the grant date, and 25% each year thereafter.

	/s/ Louis Silver	06/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR